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Chinese Tourism Likely to Grow in Crisis

Published: Thursday, August 27, 2015 2:35 PM

Even in economic crisis, tourism from China is likely to grow, her's why: First, the Chinese stocks rally started after the New Year holiday this year from a level of 3,229 (Feb 25) for the Shanghai Composite. After a climb to almost 5,200 in June, the index is back to roughly where it started (3,209 on August 24) after six months. For most members of the top 5% of Chinese society, affluent enough to travel beyond destinations like Hong Kong and Macau, their ability to spend a few thousand dollars for a trip to places like California has not been seriously hampered. Click here for more.